IVDA vs QQQ: Correlation
Measured on weekly returns over the past three years, Iveda Solutions, Inc. (IVDA) and Invesco QQQ Trust (QQQ) carry a correlation of 0.20, a weak link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are IVDA and QQQ?
Across a 3-year window, the weekly returns of IVDA and QQQ correlate at 0.20, weak. The link has tightened recently: the 1-year correlation (0.55) runs above the 3-year figure (0.20). Stretching to 5 years gives 0.08, with an annualized covariance of 501.5 %².
Out of 10 assets tracked against IVDA, QQQ lands near the bottom at #6. Their recent paths diverged sharply: over the last 12 months QQQ outperformed by 108.1 percentage points (-81.8% for IVDA against +26.3% for QQQ). Risk is not evenly split, since IVDA carries 6.4 times the volatility of the other side.
How is this computed?
Pearson correlation on weekly returns: ρ(A,B) = cov(rA, rB) / (σA · σB), over windows of 52, 156 and 260 weeks. Covariance is annualized (×52) and expressed in %². Full definitions on the methodology page.
IVDA vs QQQ: side by side
| IVDA (Iveda Solutions, Inc.) | QQQ (Invesco QQQ Trust) | |
|---|---|---|
| 1-year return | -81.8% | +26.3% |
| 5-year return | -99.2% | +95.4% |
| Volatility (ann.) | 125.9% | 19.6% |
| Beta vs S&P 500 | 1.47 | 1.28 |
| Max drawdown (3Y) | -97.4% | -22.8% |
| Market cap | – | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.44% |
| Expense ratio | – | 0.18% |
| Assets under management | – | $452.8B |
| Sector / category | US Listed | ETF · US Growth & Tech |
QQQ is a Large Growth fund from Invesco: $452.8B under management, 104 holdings, a 0.18% expense ratio, a 0.44% trailing dividend yield.
Year-by-year returns
| Year | IVDA | QQQ |
|---|---|---|
| 2022 | -96.8% | -32.6% |
| 2023 | +12.5% | +54.9% |
| 2024 | -2.0% | +25.6% |
| 2025 | -83.0% | +20.8% |
| 2026 | -64.6% | +17.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are IVDA and QQQ good diversifiers for each other?
A fair diversifier. At 0.20, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between IVDA and QQQ?
As of 2026-08-27, the correlation of weekly returns between IVDA and QQQ is 0.20 over 3 years, 0.55 over 1 year and 0.08 over 5 years.
Is QQQ a good diversifier for IVDA?
A fair diversifier. At 0.20, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.20 mean?
On the −1 to +1 scale, 0.20 describes how much the two returns move together: +1 is lockstep, 0 is independence, negative values mean opposite directions. It says nothing about which performed better.
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Related comparisons
Hubs: IVDA correlations · QQQ correlations
